February 8, 2025 The current exchange rate for EUR/USD is approximately 1.03254 USD, reflecting a decrease of about -0.55% over the past 24 hours The EUR/USD currency pair is experiencing notable market activity influenced by recent economic data...
Hammer Candlestick Chart Pattern The Hammer Candlestick Pattern is a crucial technical analysis tool used in trading to identify potential trend reversals, particularly at the end of a downtrend. What is a Hammer Candlestick? A Hammer is a single...
General Points about GBPCHF: The GBPCHF market has reached the 1.1243 level so far and has the potential to move further up. No scheduled news events for CHF in this week's economic calendar mean no major factors could strengthen the Swiss franc....
The Reserve Bank of Australia (RBA) held the Official Cash Rate (OCR) steady at 4.35% during its final policy meeting of the year. RBA Governor Michele Bullock acknowledged that while inflationary pressures have somewhat eased, they remain a concern...
Economists anticipate that the US economy added approximately 200K new jobs, a stark contrast to the previous month's modest increase of 12K. The Non-Farm Payroll (NFP) report highlighted that employment estimates in several sectors were disrupted...
